Barack Obama, our next President

Full story: Hampton Roads Daily Press

"The road ahead will be long. Our climb will be steep," Obama cautioned. Young and charismatic but with little experience on the national level, Obama smashed through racial barriers and easily defeated ...
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852,901 - 852,920 of 1,101,928 Comments Last updated 1 min ago
John Galt

Temecula, CA

#928619 Jun 20, 2013
USAsince1680 wrote:
<quoted text>
All the Dems did was make the banks stop redlining. It was Georgie boy who, in an attempt to boost minority homeownership, asked Congress for authority to eliminate the down-payment requirement for Federal Housing Administration loans.
"Nothing-down options were available on the private mortgage market, but, in general, they required the borrower to have pristine credit. Bush's proposed change extended the nothing-down option to borrowers with blemished credit."
"In the proposal....Bush allowed the FHA to guarantee loans for the full purchase price of the home, plus down-payment costs. As a practical matter, the FHA would guarantee mortgages as high as 103% of the value of the underlying property."
Bush did it!!! Own up to it.
http://usatoday30.usatoday.com/money/perfi/ho...
Redlining excluded high-risk neighborhoods, a good thing.
Aunt Bettie Lou

Orlando, FL

#928620 Jun 20, 2013
frontporchreactionary wrote:
<quoted text> Why can't Republicans learn from their mistakes? "It’s as if they didn’t learn a thing from the 2012 elections. Republicans are on the same suicide mission as before -- trying to block immigration reform (if they can’t scuttle it in the Senate, they’re ready to in the House), roll back the clock on abortion rights (they’re pushing federal and state legislation to ban abortions in the first 22 weeks), and stop gay marriage wherever possible.
As almost everyone knows by now, this puts them the wrong side of history. America is becoming more ethnically diverse, women are gaining economic and political power, and young people are more socially libertarian than ever before.
Why can’t Republicans learn?
It’s no answer to say their “base”— ever older, whiter, more rural and male — won’t budge. The Democratic Party of the 1990s simply ignored its old base and became New Democrats, spearheading a North American Free Trade Act (to the chagrin of organized labor), performance standards in classrooms (resisted by teachers’ unions) and welfare reform and crime control (upsetting traditional liberals).
The real answer is the Republican base is far more entrenched, institutionally, than was the old Democratic base. And its power is concentrated in certain states — most of the old Confederacy plus Arizona, Alaska, Indiana, and Wisconsin — which together exert more of a choke-hold on the Republican national party machinery than the old Democrats, spread widely but thinly over many states, exerted on the Democratic Party."
http://robertreich.org/post/53326939792
Prominent Republicans are leading the way in Immigation Reform.
Aunt Bettie Lou

Orlando, FL

#928622 Jun 20, 2013
Whatever wrote:
<quoted text>
Germany has not been thrilled with him for a few years now.
I forget this video until it was mentioned in one of the comments
http://www.youtube.com/watch?v =erYpXzE9PxsXX
Obama is lazy and keeps using with the same phases with head of states. Really don't know why he chose a boxing one.
Interesting.
John Galt

Temecula, CA

#928623 Jun 20, 2013
frontporchreactionary wrote:
<quoted text> Not at all. Obama's prescription for eliminating unemployment and child poverty is close to Yon Kim's view at the World Bank. "STOCKHOLM (AP)- The World Bank says it will increasingly view its efforts to help developing countries fight poverty through a "climate lens."
In a report released Wednesday, the international lending institution warned that heat waves, rising seas, more severe storms and other impacts of climate change will trap millions of people in poverty.
As a result, the Washington-based bank said it is stepping up support for efforts to curb climate change and to help the world adapt to it.
"Urgent action is needed to not only reduce greenhouse gas emissions, but also to help countries prepare for a world of dramatic climate change and weather extremes," World Bank President Jim Yong Kim said in a statement.
Already by the 2030s, 40% of the land used to grow maize in sub-Saharan Africa will be unable to sustain that crop because of droughts and heat, the report said. Also by that time, sea level rise coupled with more intense cyclones could inundate much of Thailand's capital, Bangkok, it said.
"At the World Bank Group, we are concerned that unless the world takes bold action now, a disastrously warming planet threatens to put prosperity out of reach of millions and roll back decades of development," Kim said. "In response we are stepping up our mitigation, adaptation, and disaster risk management work, and will increasingly look at all our business through a 'climate lens.'"
http://www.kltv.com/story/22628896/world-bank...
Nobody elected Kim to anything and his opinions have no bearing on the US.
John Galt

Temecula, CA

#928624 Jun 20, 2013
shinningelectr0n wrote:
<quoted text>
You are not an economist so I don't expect you to understand much about outside market support from the Fed. When interest rates are no longer kept artificially low through government intervention, the markets will have a tough time. The transition from a fake to a real market will be a rough one. Speculators may do well but they will probably be Magic Negro Inside Traders. The IRS folks will keep the Magic Negro's friends advised.
Galt is anxiously awaiting the prospect of higher interest rates.

The Fed can't keep rates down in the face of inflation.
John Galt

Temecula, CA

#928625 Jun 20, 2013
frontporchreactionary wrote:
<quoted text>"In 1981, the supply-siders commandeered the Reagan Presidency and employed their Voodoo economics, as Bush senior had called it in 1980. He was saying that tax cuts would not increase government revenues. As you can see on the graph above (get it on your smartphone app info), the Voodoo failed just as Bush predicted, and the supply-siders turned a 32-year winning streak into a debt disaster that continues to this day. For 20 years, under Reagan and the Bushes, the national debt increased compared to GDP every single year. In most other years it decreased. Twenty years in a row can't be just an accident, but to understand you need to learn the voodoo strategy.(Why graph Debt / GDP ?)
What's causing today's huge deficits? Deficit basics. Top 4 deficit causes.
Bush senior fought against supply-side debt, so the Republicans didn't support him and he lost to Clinton, who put an end to supply-side economics. G. W. Bush brought it back full strength, with V.P. Cheney saying "Reagan proved deficits don't matter." Currently supply-siders are in full control of the Republican party.
What about Obama? Notice how the debt accelerated during Bush's last two budget years. Obama's debt is a continuation of that trend and neither Bush nor Obama are directly responsible for that acceleration. It happened because of the recession. Bush set the all-time record by increasing the debt by $1.1 trillion in 100 days between July 30 and Nov 9, 2008—but that had little to do with his choices. "
http://zfacts.com/p/318.html
Boring...just stop spending more than income...problem solved.
Aunt Bettie Lou

Orlando, FL

#928626 Jun 20, 2013
Yeah wrote:
<quoted text>No son. That's your opinion.
You know, just like your claim that the t-p rallies were 'nice.'
Signing the Gramm-Leach-Bliley Act, President Clinton put the Community Reinvestment Act on steroids.

Did you even try to confirm it?
John Galt

Temecula, CA

#928627 Jun 20, 2013
frontporchreactionary wrote:
<quoted text> The I.R.S. did a hellu'va' great job under tough circumstances. Keep up the tempo, T-MEN!
In 2017, the IRS will target Bocajews.
Aunt Bettie Lou

Orlando, FL

#928628 Jun 20, 2013
fetch almighty wrote:
<quoted text>It appears Bernanke is going to be fired-I see January as I stated at the end of last year. I see economists saying it is a global blood bath. They are shocked that this is happening now. All markers were in place into 2015. It is not wise that this is happening now with China slowing down the entire globe is watching and selling. Blood bath brought to us by the O'bama administration. Generally speaking, you don’t see Fed policy shift this quickly. Usually, policy changes happen slowly -- hinted about at first, then executed in small steps. Bernanke started hinting last month that he might start tapering. Then yesterday, he said it could very well be over by mid-2014! That’s not a taper, that’s a sudden STOP!Usually, policy changes happen slowly -- hinted about at first, then executed in small steps. Bernanke’s comments came out of left field. I saw this coming over a month ago. We then got out of the gold business. Wheew close one.
Gold and silver prices are also dropping.
John Galt

Temecula, CA

#928629 Jun 20, 2013
Aunt Bettie Lou wrote:
Call me naive, but I don't understand how the entire civilized world is unable to collectively stop the atrocities in Syria.
And why they were unable to do the same in Rwanda and Darfur.
Isn't there enough military power collectively to put a quick and swift end to this kind of suffering?
What exactly is the purpose of the UN besides wringing their hands?
Carol wants to play God and decide the winners and losers in a civil war in Syria?
John Galt

Temecula, CA

#928630 Jun 20, 2013
Yeah wrote:
<quoted text>you know? that's what's happening with these tax evaders with offshore accounts.
Are the accounts legal or illegal?

If illegal, why doesn't Obama prosecute?

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#928631 Jun 20, 2013
USAsince1680 wrote:
<quoted text>
Well, I stand corrected on the dates of the comments. My mistake. However, the bottom line is the FACT that neither comment had anything to do with OBAMA playing the race card as Galt asserted. In fact, both Biden and Reid had to apologize to Obama for their remarks. Got that??? THEY APOLOGIZED FOR THEIR INAPROPRIATE REMARKS. OBAMA was not playing the "race card".
It is part of history now that the Magic Negro DID play the Race Card during the primary.

NBC News: http://www.nbcnews.com/id/22657327/ns/politic...

"Strikingly, though, one of Clinton's supporters, New York Rep. Charles Rangel, was sharply critical of Obama in an interview during the day. "How race got into this thing is because Obama said 'race,'" Rangel, the dean of the Congressional Black Caucus, said on television station NY1."

Move on.

“My Life Is A Shell Game”

Since: May 07

Lapeer, MI

#928632 Jun 20, 2013
Aunt Bettie Lou wrote:
Call me naive, but I don't understand how the entire civilized world is unable to collectively stop the atrocities in Syria.
And why they were unable to do the same in Rwanda and Darfur.
Isn't there enough military power collectively to put a quick and swift end to this kind of suffering?
What exactly is the purpose of the UN besides wringing their hands?
What exactly is the purpose of the UN besides wringing their hands?

Those wringing hands need to get greased - all the time.
Aunt Bettie Lou

Orlando, FL

#928633 Jun 20, 2013
John Galt wrote:
<quoted text>
Carol wants to play God and decide the winners and losers in a civil war in Syria?
No, it's just depressing reading about children being beheaded, tortured and killed.

I know this goes on in other parts of the world too.

But civilized people don't do that to children even in a civil war.

They need help from the world community. I don't have a clue how that could happen. But the hardest part about watching the movie, Hotel Rwanda, was the announcement on the radio saying the United States was not going to help them while they were being slaughtered.

I just don't understand that.
John Galt

Temecula, CA

#928634 Jun 20, 2013
Aunt Bettie Lou wrote:
<quoted text>
No, it's just depressing reading about children being beheaded, tortured and killed.
I know this goes on in other parts of the world too.
But civilized people don't do that to children even in a civil war.
They need help from the world community. I don't have a clue how that could happen. But the hardest part about watching the movie, Hotel Rwanda, was the announcement on the radio saying the United States was not going to help them while they were being slaughtered.
I just don't understand that.
Islam is not civilized.
Aunt Bettie Lou

Orlando, FL

#928635 Jun 20, 2013
Well, the entire world is living through a very restless and uncertain time. If we all live long enough, we'll see one chapter of world history end and another one begin.

The other shoe has to drop one of these days, both here and abroad. It can't stay in limbo forever.

At least we have front row seats...if that's good news.

Night everyone.
Yeah

Mililani, HI

#928636 Jun 20, 2013
Aunt Bettie Lou wrote:
<quoted text>
Signing the Gramm-Leach-Bliley Act, President Clinton put the Community Reinvestment Act on steroids.
Did you even try to confirm it?
GLB was a mistake for Clinton.

But we can thank Phil Gramm for that. And it wasn't so much the GLB as it was the removal of the Glass–Steagall Act of 1933 that paved the merger way for larger banks to sell insurance instruments with banks.

You should bone up on your history son. You're playing in a field you're ill-equipped to handle.

I feel sorry for the kids you taught.
Yeah

Mililani, HI

#928637 Jun 20, 2013
John Galt wrote:
<quoted text>
Are the accounts legal or illegal?
If illegal, why doesn't Obama prosecute?
Because foreign institutions aren't required to report.

You should know this Galt.
Aunt Bettie Lou

Orlando, FL

#928638 Jun 20, 2013
John Galt wrote:
<quoted text>
Islam is not civilized.
But much of the rest of the world is. It just seems there's something more the world community and the UN can do. I'm not smart enough to know what that is. But you'd think somebody was.

Anyway, night Galt.
Aunt Bettie Lou

Orlando, FL

#928639 Jun 20, 2013
Yeah wrote:
<quoted text>GLB was a mistake for Clinton.
But we can thank Phil Gramm for that. And it wasn't so much the GLB as it was the removal of the Glass–Steagall Act of 1933 that paved the merger way for larger banks to sell insurance instruments with banks.
You should bone up on your history son. You're playing in a field you're ill-equipped to handle.
I feel sorry for the kids you taught.
Clinton has been cited for creating the bad loan environment - out of good intentions no doubt - but the crisis originated then.

You should feel sorry for the kids and teachers trapped in progressive liberal schools. Student/teacher violence is becoming an epidemic.

You would have learned something in my class.

Night.

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